Stocks in Dhaka and Chittagong started the week on a negative note as profit-taking and broad-based selling pressure dragged down share prices. Investor concerns over the proposed amendment to margin rules also weighed on sentiment. The benchmark DSEX index of the Dhaka Stock Exchange (DSE) fell 44.6 points to close at 5,856, down from 5,900 in the previous session. Turnover on the DSE declined 4.3 percent to TK 10.7 billion, compared with TK 11.2 billion in the previous trading session. The Chittagong Stock Exchange (CSE) also ended lower, with the CSCX index falling 61.3 points and the CASPI index losing 66.2 points.
FAQs
- **What caused the decline in stock prices?** Profit-taking and broad-based selling pressure, along with investor concerns over proposed margin rule changes, caused the decline.
- **How did the DSE perform?** The benchmark DSEX index of the DSE fell 44.6 points to close at 5,856.
- **Which sectors were most affected?** General insurance posted the steepest decline at 3.1 percent, followed by jute (-2.0 percent) and life insurance (-1.9 percent).
- **Were there any sectors that gained?** Yes, mutual funds gained 1.9 percent, ceramics rose 0.9 percent, and textiles advanced 0.3 percent.
